The Hurricanes have acquired center Evgeny Kuznetsov from the Capitals, per a team announcement. A 2025 third-round pick is heading back to Washington, which is retaining 50% of Kuznetsov’s $7.8MM cap hit.
Kuznetsov and the Capitals clearly wanted a fresh start after the player exited the first stage of the NHL/NHLPA Player Assistance Program and was subsequently placed on waivers last weekend. The 31-year-old has one season remaining on the eight-year, $62.4MM deal he signed with the Caps in the summer of 2017 and has a 10-team no-trade list. The Hurricanes will owe him half of his pro-rated $6MM salary this season, a $3MM salary next year, and a $1MM signing bonus this summer thanks to Washington’s retention, and he’ll cost $3.9MM against their salary cap this year and next.
A point-per-game threat at his peak during the Capitals’ run to the championship in 2018, it’s been a rather sharp decline in production this season. He’s tallied only six goals and 17 points in 43 games this season, tallying the worst points-per-game rate of his 11-year career. He’s never been a strong defensive player, either, and that hasn’t changed with a 43.6 CF% at even strength and a 39.3 xGF%.
Nonetheless, the Hurricanes could bank on surrounding him with much better wing talent and look to utilize him in a top-six role. The team has a gaping vacancy at center on their second line behind Sebastian Aho. Both Jack Drury and Jesperi Kotkaniemi have tried and failed to hold down the spot with acceptable production from a second-line pivot on a contending team, and while Kuznetsov’s numbers haven’t been any better, he at least has the history of holding down top-six minutes on a contending team. A hypothetical trio with Martin Necas and Andrei Svechnikov (or their other big deadline splash, Jake Guentzel) is far from a shutdown line, but playing with two highly skilled wingers should help restore Kuznetsov’s production closer to his former levels.
Carolina indeed views Kuznetsov as a potential top-six piece and is expected to recall him from the minors after the trade call is completed, per Emily Kaplan of ESPN.
The Capitals, meanwhile, free up half of Kuznetsov’s remaining money to spend elsewhere over the next 15 months. His departure opens up more guaranteed ice time for youngsters Hendrix Lapierre and Connor McMichael down the middle down the stretch and into next season, too. Notably, the Capitals are now utilizing all three of their salary retention slots this season and won’t be able to execute another retained salary transaction before today’s deadline.
Elliotte Friedman of Sportsnet first reported the Hurricanes were trading for Kuznetsov.
Pierre LeBrun of TSN and The Athletic first reported the return and salary retention details.
Photo courtesy of USA Today Sports.